Book Review : On the Origins of Money

Abstract

The book, On the Origins of Money, provides an appraisal of money by Carl Menger. The author evaluates money as a private affair that strengthens to reduce barter costs. The writer describes the property of money as saleableness. Albeit the book is the orthodox thought of the author, it provides a fundamental description to gain knowledge regarding the starting stage of the monetization of an economy. The book is an excellent source of knowledge for the new generation about the agricultural communities that moved away from subsistence farming to start specialization.